Islamabad, March 21, 2025: The Pakistan Crypto Council (PCC) held its first official meeting today under the leadership of Federal Minister for Finance and Revenue, Senator Muhammad Aurangzeb to Shape Blockchain Future.
The session brought together key government and financial sector leaders, marking a significant step toward shaping Pakistan’s crypto landscape.
Key Participants & Vision for Crypto in Pakistan
The meeting was attended by PCC CEO Bilal Bin Saqib, Governor of the State Bank of Pakistan, Chairman of the Securities and Exchange Commission of Pakistan (SECP), and Federal IT and Law Secretaries.
CEO Bilal Bin Saqib presented the Council’s vision and mission, focusing on Pakistan’s untapped potential in the cryptocurrency sector.
He highlighted regulatory challenges, barriers to crypto adoption, and the importance of clear legal frameworks to boost investment and innovation.
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Exploring Crypto Use Cases & Bitcoin Mining Potential
A key discussion point was Pakistan’s surplus electricity and its potential use for Bitcoin mining.
CEO Saqib proposed leveraging excess energy to convert liabilities into assets, making the country a competitive player in the crypto space.
Regulatory Framework & Consumer Protection
Senator Muhammad Aurangzeb emphasized the need for a structured regulatory approach. He stated that the Pakistan Crypto Council will act as a unified platform.
Engaging regulators, investors, and tech experts to create a transparent and future-ready financial ecosystem.
Officials from the State Bank, SECP, and IT & Law Ministries also stressed the importance of:
1. Developing a well-defined legal framework for crypto transactions
2. Ensuring consumer protection and risk management
3. Establishing licensing procedures for crypto businesses
4. Implementing a National Blockchain Policy
Moving Forward A Digital Future for Pakistan
The meeting concluded with a shared commitment to gradually roll out crypto regulations, conduct pilot programs, and ensure compliance with international standards.
The Pakistan Crypto Council will continue to refine its strategy, ensuring a balanced approach that fosters growth and security in the digital asset sector.
